TUI Cruises exercises newbuild option at STX Finland

NOVEMBER 5, 2012 — Germany’s TUI Cruises has exercised an option for a second cruise ship from STX Finland. The announcement was made as first steel was cut at the Turku Shipyard

Huntington Ingalls promotes Tom Stiehle

NOVEMBER 2, 2012 — Huntington Ingalls Industries (NYSE:HII) has promoted Tom Stiehle to chief financial officer and vice president of business management for the company’s Ingalls Shipbuilding division. In this role, Mr.

Tenth Virginia-class submarine christened at NNS

OCTOBER 28, 2012 — Huntington Ingalls Industries (NYSE:HII) today christened the 10th Virginia-class submarine, Minnesota (SSN 783), in a ceremony at the company’s Newport News Shipbuilding (NNS) division. The ship’s sponsor, Ellen

Royal Caribbean confirms it is negotiating for third Oasis

OCTOBER 26, 2012 — Royal Caribbean Cruises Ltd. (NYSE, OSE: RCL) confirmed yesterday that it is, indeed, negotiating for the possible construction of a third Oasis-class cruise ship. The disclosure came as

Ocean Power Technologies gets $900,000 contract

OCTOBER 23, 2012 — Wave energy technology specialist Ocean Power Technologies (Nasdaq: OPTT), Inc. is benefiting from a Japanese Government decision to place far more emphasis on renewable energy following the Fukushima

Seaspan breaks ground for Vancouver Shipyards revamp

OCTOBER 19, 2012 — A groundbreaking ceremony today at Seaspan’s Vancouver Shipyards, in North Vancouver marks a significant milestone in redevelopment of the shipyard into a world-class facility that will build a

Hyundai Heavy Industries sees order intake shrink

OCTOBER 19, 2012 — More evidence, not that any was needed, of the  global shipbuilding demand downturn: Yonhap reports that Hyundai Heavy Industries Co., South Korea’s leading shipbuilder, said Thursday that its

Austal USA holds LCS 6 keel-laying ceremony

OCTOBER 18, 2012 — Austal USA today held a keel-laying ceremony at its Mobile, Alabama, shipyard for the third Independence-variant Littoral Combat Ship (LCS) – Jackson (LCS 6), one of five Austal-designed

Agribusiness bigs launch ocean freight partnership

OCTOBER 18, 2012 — Two global agribusiness giants, Decatur, Ill., headquartered Archer Daniels Midland Company (NYSE: ADM) and Singapore based Wilmar International Limited (SGX: WIL), say they have completed regulatory approvals for

Agribusiness bigs launch ocean freight partnership

OCTOBER 18, 2012 — Two global agribusiness giants, Decatur, Ill., headquartered Archer Daniels Midland Company (NYSE: ADM) and Singapore based Wilmar International Limited (SGX: WIL), say they have completed regulatory approvals for

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